Account Reconciliation Officer Job at Busha Digital LTD

Busha was established in 2018 as a digital currency exchange platform where consumers and merchants can trade digital currencies such as Bitcoin and Ethereum. Busha has made efforts to be a trusted company in this domain and ensure that our platform is easy to use, accessible and user-friendly. Our focus is to use innovation and efficiency to build an open financial system. There are a few things we look for across all hires we make at Busha, regardless of role or team. We assess whether a candidate demonstrates our values: Clear Communication, Positive Energy, Efficient Execution, and Continuous Learning.

We are recruiting to fill the position below:

Job Position: Account Reconciliation Officer

Job Location: Lagos (Remote)
Employment Type: Full-time
Department: Finance and Accounting
Minimum Experience: Mid-level

Overview

•  We are looking for an Account Reconciliation Officer whose primary role is to manage bank accounts with various banks daily, have overall control over them, manage both payments and deposits and reconcile them as well as ensure financial balance sheet accounts and the bank reconciliations are accurate, daily.
• You are to ensure that deductions are legally and statutorily correct and report on controls and processes while identifying where there are problems and inefficiencies.
• You will work with other cross-functional team members and will rely heavily on both qualitative and quantitative data to make informed decisions.
• Your duties may also include training new employees and maintaining open communication with other departments during your day.

Responsibilities

• Monitor all banking activities to detect irregularities.
• Daily reconciliation of bank balances in various banks
• Reconcile bank reports to bank statements.
• Reconcile and process transactions that are complex in nature.
• Generating bi-weekly reports on deposits
• Preparing monthly bank reconciliation reports regarding all cash deposits to the bank(s)
• Daily reconciliation of bank statements in various banks regarding cash at hand and cash at bank
• Investigate all transactions to prevent fraud.
• Analysing data regarding bank accounts
• Provide documentation for the purpose of supporting all financial transactions.
• Assist auditors – Internal and external – with the documentation required for the auditors to do their job satisfactorily.
• Continuously follow up on all transactions continuously and provide updates to the management.
• Reconcile discrepancies in different accounts.
• Identify the root cause of any discrepancies and eliminate them to prevent further variances.
• Continuously implement ways to improve reconciliation processes and controls.
• Adhere to corporate standards and procedures in all reconciliation activities.

Requirements
The ideal candidate must have:

• A Bachelor's Degree in Accountancy
• A minimum of 3 years of relevant experience
• At least 2 years of experience as an Account Reconciliation Office in the Bank
• Has knowledge of general accounting principles and workings of the banking system
• Tech-savvy with a strong online presence on one or more social networks.
• Proficiency in Microsoft Office Suite.
• Ability to multitask.
• Demonstrate the required skill to perform detailed work accurately and promptly
• Strong problem-solving, verbal, written and communication skills.
• Ability to work independently with minimum supervision while achieving benchmarks.

Nice to Haves:

• Excellent analytical and time management skills
• A demonstrated passion for the Busha mission
• The ability to work effectively with cross-functional teams.
• Ability to work independently with minimum supervision while achieving benchmarks.
• Experience working in Crypto.